About your Search

20121112
20121120
Search Results 0 to 4 of about 5 (some duplicates have been removed)
. >>> if the fiscal cliff negotiations seem familiar, we've seen the movie before. president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying you've got to put a deal together in washington, if you guys in washington don't get it done, we're going to downgrade your credit. >> we've seen this movie before. it's not a good movie. i will remind viewers that the last time standard and poors did take us down a notch, it actually didn't hurt our ability to finance our debt at all. so that was kind of blown off by the markets, but this time could be different. there's one interesting wrinkle here. i do believe that if the political discourse, which is actually sounding a little bet
and the ongoing relationship with boehner and mcconnell because he's going to have to be a different kind of leader with them. he talked about it in the press conference a bit the other day. he needs to reach out to them the way he's reached out to people on staten island and dealt with the two governors, christie and cuomo, who are two pretty demanding guys as well. and based on their public and private comments have been very happy with the president's leadership and his government. >> i just wonder if it's fair to make a parallel when you look at the president's response to sandy which has had and continues to have just devastating effects on the economy for businesses and the reaction to the bp oil spill which seemed slow in coming because that was devastating as well to a different part of the country. >> he certainly was. he was very slow to respond to people in the gulf coast. >> in terms of appearances. >> i think things have changed, though, over the past couple years. and i suspect that, you know, even the president's closest allies will say that it was a very hard adjustment go
was willing to sign on the dotted line to that compromise with john boehner and eric cantor a year ago. we remain ready, willing and able to compromise. the american people have an unquenchable thirst for solutions. they have an unquenchable thirst for compromise and consensus. at that press conference yesterday it was nancy pelosi notwithstanding what governor christie has said. it was nancy pelosi who said we remain ready, willing and able to find a compromise. to find common ground with republicans to avoid the fiscal cliff. we need solutions and not sequestration. >> jonathan karl did an interview with paul ryan and what paul ryan said in this is essentially that, that the president doesn't have a mandate. karl said he won some 300 some electoral votes, every battleground state except for north carolina. does president obama have a mandate and, and he said no, i don't think so. because then nancy pelosi would be in charge of the house of representatives. and she's not. do you think that he's got a point? >> you know what has a mandate? solutions have a han date. this election was about
Search Results 0 to 4 of about 5 (some duplicates have been removed)